The $510,000 sale of a one-bedroom home in Sydney is the first property transaction executed from exchange to settlement without a single piece of paper. The historic transaction saw a one-bedroom apartment in Dee Why sold to its new owners by Kreisson Lawyers property lawyer Claire Martin. Infotrack eContracts and eSigning platforms were used in the paperless transaction.

While speculation mounts the Reserve Bank of Australia (RBA) will announce a further cut to the official cash rate in coming months, borrowers have been warned their mortgages could soon come with higher interest rates.

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